Globally, there are an estimated 281 million international migrants and over 55 million internally displaced persons.
Among many challenges, migrants face a significant obstacle: current financial services in many countries do not meet their needs. Large swaths of migrants are still unbanked, remittance fees remain high, and poor legislation leaves millions of migrants without solutions to their financial needs.
With support from the Impact-Linked Finance Fund, the Swiss Agency for Development and Cooperation, and the Austrian Development Agency, Village Capital is excited to launch the Catalyzing Financial Inclusion: Gender-Inclusive Fintech Solutions for Migrants report.